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cliff. >> thanks so much. >> the deadlock in washington has been weighing on investor sentiment today. in europe, it was the last trading day of the year, and what a year it has been. our correspondent has kept an eye on the trading floor all year for us. he sent us this report from the floor of the frankfurt stock exchange. >> the year has ended a very successful 2012, also for the frankfurt exchange, which is why you see tables and chairs where there usually are not. there will be a celebration here shortly, and there is something to celebrate -- the dax performed to the tune of about 30%-plus this year, and many shares went up. only a few lag behind. the best shares almost doubled in value. when you look at the second tier, there were some that more than doubled in value. demand mostly responsible for that, according to -- the man most responsible for that according to everyone here is mario draghi. he promised the european central bank would do everything in its power to preserve the euro, and that really release energy and restored some confidence also for the bureau. in 2013, pe
cliff. >> thanks so much. >> the deadlock in washington has been weighing on investor sentiment today. in europe, it was the last trading day of the year, and what a year it has been. our correspondent has kept an eye on the trading floor all year for us. he sent us this report from the floor of the frankfurt stock exchange. >> the year has ended a very successful 2012, also for the frankfurt exchange, which is why you see tables and chairs where there usually are not. there...
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it's becoming more of a fiscal slope as oppose to a fiscal cliff. thank you within kelly. jonathan, i want to turn to you right here. harry reid was not holding back this morning on the senate floor. i want to play what he said about the 435 members in the house. >> there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. the speaker just has a few days left to change his mind. but i have to be very honest, mr. president, i don't know timewise how it can happen now. >> and we just heard from kelly about this possible new deal the president has sent over regarding the fiscal cliff. harry reid, though, there's not a lot of time left. >> no, there isn't a lot of time left. what the majority leader is referring to is we've been talking about a lot, the majority of the majority real that if boehner would put aside this tradition that if he's going to get anything passed, it has to be passed bay majority of the republican caucus. clearly there have been times on the little and
it's becoming more of a fiscal slope as oppose to a fiscal cliff. thank you within kelly. jonathan, i want to turn to you right here. harry reid was not holding back this morning on the senate floor. i want to play what he said about the 435 members in the house. >> there's 435 members of the house. what goes on in this country shouldn't be decided by the majority. it should be decided by the whole house of representatives. the speaker just has a few days left to change his mind. but i...
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thank you. >> thank you. >>> deadline for that fiscal cliff, well, we have said it, 32 hours. we will bring you the latest on its major sticking points. ♪ [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers.
thank you. >> thank you. >>> deadline for that fiscal cliff, well, we have said it, 32 hours. we will bring you the latest on its major sticking points. ♪ [ woman ] ♪ what i want this season ♪ if you'd like to try and guess ♪ ♪ it is something very special ♪ i would readily confess [ dogs barking ] ♪ 'cause all i want this season ♪ ♪ is something from your heart ♪ la da da, la da da [ male announcer ] thinking of others this holiday season, travelers.
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Dec 31, 2012
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i hope so. >> next, talking about the fiscal cliff. john thune. >> thank you for the update. midafternoon today, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but discussions still continue. senator mcconnell and vice president joe biden are continuing to discuss this and we think there still could be a path forward. democrats have come out and made a huge deal out of changing this and republicans are very concerned that it should not be used as an offset to reduce or replace some of the spending cuts that would occur and democrats put forward an alternative. this is a process. there's a lot of give-and-take going on. republicans do not want to see new revenue, democratic tax increases, being used for new spending. that is where many members are drawing the line. >> you all wa
i hope so. >> next, talking about the fiscal cliff. john thune. >> thank you for the update. midafternoon today, senator john thune spoke with reporters on where things stand on the fiscal cliff. >> where do things stand as far as a republican deal? >> republicans advanced a proposal last night and you heard senator mcconnell talk about it on the floor. we're still waiting for a counteroffer. there was an indication we would receive the by 10:00 this morning, but...
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the fiscal cliff could throw all its gains next year. the lauren fix, known as the car coach is here to explain why and one of my favorite topics, cars. do you think lauren can name this beautiful automobile? we'll giver her a test. what kind of car is that and test her automobile chops next. and test her's as well. is now the time to put your house on the market. top real estate expert says, yes. she is here with details. we'll challenger. we awaiting president obama. he will take the podium in a matter of minutes and will bring you a statement on the fiscal cliff live. "piles of money" is on the way. ♪ adam: we've got a live picture for you of the white house briefing room. president obama is going to make comments about the fiscal cliff at 4: -- 5 len 45 eastern, we'll take them live on the fox business network. >>> auto industry is heading toward the best year since 2007, great news for sure but the fiscal cliff, believe it or not threatens to run the them off the road. heres we details, lauren fix. crew tells me they will give me
the fiscal cliff could throw all its gains next year. the lauren fix, known as the car coach is here to explain why and one of my favorite topics, cars. do you think lauren can name this beautiful automobile? we'll giver her a test. what kind of car is that and test her automobile chops next. and test her's as well. is now the time to put your house on the market. top real estate expert says, yes. she is here with details. we'll challenger. we awaiting president obama. he will take the podium...
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Dec 28, 2012
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the fiscal cliff could throw all its gains next year. the lauren fix, known as the car coach is here to explain why and one of my favorite topics, cars. do you think lauren can name this beautiful automobile? we'll giver her a test. what kind of car is that and test her automobile chops next. and test her's as well. is now the time to put your house on the market. top real estate expert says, yes. she is here with details. we'll challenger. we awaiting president obama. he will take the podium in a matter of minutes and will bring you a statement on the fiscal cliff live. "piles of money" is on the way. ♪ she keeps you guessing. it's part of what you love about her. but your erectile dysfunction - you know, that could be a question of blood flow. cialis tadalafil for daily use helps you be ready anytime the moment's right. you can be more confident in your ability to be ready. and the same cialis is the only daily ed tablet approved to treat ed and symptoms of bph, like needing to go frequently or urgently. tell your doctor about all yo
the fiscal cliff could throw all its gains next year. the lauren fix, known as the car coach is here to explain why and one of my favorite topics, cars. do you think lauren can name this beautiful automobile? we'll giver her a test. what kind of car is that and test her automobile chops next. and test her's as well. is now the time to put your house on the market. top real estate expert says, yes. she is here with details. we'll challenger. we awaiting president obama. he will take the podium...
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Dec 29, 2012
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and newcars for bureaucrats. this one is going to drive you nuts. ♪ ♪ tom: the senate just passing the $60 billion hurricane s&p relief bill in the last hour. now heads to the houseor a possible weekend vote. the senate passing is good news for the victims of sandy, but the bill is also packed with projects that have nothing to do with the storm, like a new roof for the smithsonian museum. i'm sure there would like a new roof, but this is supposed to be for hurricane victims. millions for tree plantings and towns which sandy did not even pass, let alone damaged. my next guest says that is why they should have voted against it. american majority action spokesman, i just saw your tweet. you're ta
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and newcars for bureaucrats. this one is going to drive you nuts. ♪ ♪ tom: the senate just passing the $60 billion...
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>> thanks for having me on. i think we're getting some closure on the fiscal cliff. but we want to look behind the scenes. earning estimates for the s&p 500 and the broader market. over the last tlie months you see negative pressure on earnings. that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on the surface, but it is a reacceleration from the 5% that we're going to post most likely in 2012. >> you have to think about fundamentals then. >> yeah. i'm worried a bit about that and the fact we're probably going to see a reset in earnings estimates in the next three or four weeks. because these negotiations, we're going to get some closure and resolution. it's still going to be a 1%, 1.5% fiscal drag. that's going to be an impact on earnings heading into 2013. >> rick santelli, what do you make of the reporting that john harwood just came out with a moment ago? what do you think that m
>> thanks for having me on. i think we're getting some closure on the fiscal cliff. but we want to look behind the scenes. earning estimates for the s&p 500 and the broader market. over the last tlie months you see negative pressure on earnings. that's led by energy sector and stocks. ex-financials. and what's also giving us a bit of pause heading into 2013 is the fact that these expectations are calling for about a 7% increase in earnings for next year which may not seem heroic on...
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ woman: my first symptoms were... man: constant tingling in my toes. woman: my leg sometimes will go numb. woman: i had double vision. woman: they said, "you have multiple sclerosis." woman: well, the beginng is the hardest time. man: i kind of had to get a grasp on reality. man: i had to adapt and change very rapidly. woman: i had to learn how to drive with my hands -- yeah, that was interesting. woman: i was a dancer. i don't see walking the way i walk any different than doing a dance. it just looks different -- it's a different dance. woman: you see me have an off day. it doesn't take away from who i am. man: a symptom may cause
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ woman: my first symptoms were... man: constant...
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. >> arthel: thank you very much. >> gregg: congress is not only facing a fiscal cliff, it's up a dairy clarify, if you will. the current farm bill is set to expire on new year's day. if an extension of that is not passed, the farm policies would revert to laws back to 1949 and cost of milk, that could skyrocket. back then the government used a formula to calculate dairy prices that is much more expensive than it is today. one option said to be on the table is short term extension that would prevent milk prices from rising. >> arthel: to other stories. a judge ordering a psychiatric evaluation for a woman suspected of shoving a man off a new york public is way platform. he was arraigned last night on murder and hate crime. she confessed to pushing a man in front of a moving train telling them, i hindus and muslims. co-worker was was behind due. >> gregg: two missing boys from georgia have been found in texas an amber alert was issued, ages nine and seven when they didn't come back from a visit from their dad on wednesday. somebody recognized the trio and caught up with them in austin. n
. >> arthel: thank you very much. >> gregg: congress is not only facing a fiscal cliff, it's up a dairy clarify, if you will. the current farm bill is set to expire on new year's day. if an extension of that is not passed, the farm policies would revert to laws back to 1949 and cost of milk, that could skyrocket. back then the government used a formula to calculate dairy prices that is much more expensive than it is today. one option said to be on the table is short term extension...
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ashley: cliff hanger, i'm tired of saying "fiscal cliff. i'll use "cliff hanger." thank you so much for being here. >> you're welcome. ashley: i said it would be fun; right? >> yeah. ashley: very optimistic. the closing bell rings in 37 minutes. by the way, it is the endless search for yield. money flowing into corporate bonds like there is no tomorrow, especially junk bonds. the question is is it too late for investors to get in on the action. lance robert, the ceo of street talk advisers, find out why he thinks stocks are better with consistent returns and pay healthy diff denldz. makes sense. his top picks coming up next in a fox business exclusive. ♪ ashley: face call cliff, fiscal cliff, fiscal cliff, that's three more times, holding stocks hostage, down fifth day in a row. energy stocks notably weak again today. six down days in a row so check out the energy select spider exchange traded fund. it's xle, and it's basically a proxy for the energy complex, oil producers, service providers, pipeline operators, and xle, as you see, up 1.25%. in terms of the indi
ashley: cliff hanger, i'm tired of saying "fiscal cliff. i'll use "cliff hanger." thank you so much for being here. >> you're welcome. ashley: i said it would be fun; right? >> yeah. ashley: very optimistic. the closing bell rings in 37 minutes. by the way, it is the endless search for yield. money flowing into corporate bonds like there is no tomorrow, especially junk bonds. the question is is it too late for investors to get in on the action. lance robert, the ceo...
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ this is $100,000. we asked total strangers to watch it for us. thank you so much. i appreciate it. i'll be right back. they didn't take a dime. how much in fees does your bank take to watch your money? if yr bank takes more money than a stranger, you need an ally. ally bank. your money needs an ally. your soups are so awesomely delicious my husbandnd i can't stop eating 'em! what's...that... on your head? can curlers! tomato basil, potato with bacon... we've got a lot of empty cans. [ male announcer ] progresso. you gotta taste this soup. we've got a lot of empty cans. i need you. i feel so alone. but you're not alone. i knew yo
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ this is $100,000. we asked total strangers to...
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you. >> thank you. >> we'll be back on the apparent deal to avoid the fiscal cliff. you are watching "msnbc" the place for politicings milissa e . >>> welcome back to "msnbc" coverage of the plan on the fiscal cliff. the nation is scheduled to go off the cliff at midnight, eastern time. the senate bill is being worked on right now. and lawmakers may try to vote on it sometime tonight. the house, meanwhile, is scheduled to remain adjourned until noon tomorrow. house minority leader nancy pelosi released a statement just minutes ago saying in part "when a final agreement is reached and passed by the senate i will present it to the house democratic caucus." vice president joe biden who worked for the past hours with senate minority leader mitch mcconnell, worked to reach the deal. for more, i am joined by the vice president's former chief economist and adviser, jared burnstein. >> well, it is nice to be with you, with what sounds like some progress on the hill. >> are there any surprises for you in all of this, and how it is going down? >> well, i was a bit surprised by
you. >> thank you. >> we'll be back on the apparent deal to avoid the fiscal cliff. you are watching "msnbc" the place for politicings milissa e . >>> welcome back to "msnbc" coverage of the plan on the fiscal cliff. the nation is scheduled to go off the cliff at midnight, eastern time. the senate bill is being worked on right now. and lawmakers may try to vote on it sometime tonight. the house, meanwhile, is scheduled to remain adjourned until noon...
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ progressive claims. this is flo. i need you. i feel so alone. but you're not alone. i knew you'd come. like i could stay away. you know i can't do this without you. you'll never have to. you're always there for me. shh! i'll get you a rental car. i could also use an umbrella. fall in love with progressive's claims service. ♪ tom: the senate just passing the $60 billion hurricane s&p relief bill in the last hour. now heads to the house for a possible weekend vote. the senate passing is good news for the victims of sandy, but the bill is also packed with projects that have nothing to do with the storm, like a new roof for the sm
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, and you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ progressive claims. this is flo. i need you. i...
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thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, a you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ it was the biggest race of the year, and no matteoqat, i was gonna win. someti[js...things happen you just canoi explain. )a ♪ oh, i believe there e angels among us... ♪r> and some things ar more importanthan winning. #% ♪ sent iíwn to us #]from somewhere up(above ♪r2 #o♪hey come to you and me ♪ i don't remember who won the ra that day...r2 ♪ to show usfr how to live, ♪ ... bui'll(never forget how i felt. ♪ to teach us f:how to give ♪ to guide us with the light of love. ♪ but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung functi
thank you both very much. >> thank you. tom: coming up, forget the fiscal cliff. you are also facing the dairy cliff. yes. if congress does not move fast, you're going to get note that the supermarket, a you're going to pay a lot more for that milk and cheese . hurricanes and the victims need help. washington is using the storm to pay for things like alaskan fisheries and new cars for bureaucrats. this one is going to drive you nuts. ♪ it was the biggest race of the year, and no...
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thank you. thank you very much. gerri: fiscal stiffed. that is of americans feel after congress failed to reach a deal on taxes and spending. as a result we are going of the fiscal cliff. joining me now, former adviser to president george w. bush and doug shown, democratic strategist and fox news contributor. welcome to you both. >> thank you so much. gerri: am i surprised by what is happening? no. and my interest? no. and so of start with you. how would you grade the president's lead on this issue today? >> well, i'm not trying to give anyone a good mark, the president by and certainly not congress. i hope my colleague in the spirit of the new year would recognize that the entire political establishment has let us down. we are going to get at best that deal on taxes, not going to get anything to reform entitlements or spending. in my question to you, do you think republicans in the house should vote for this deal? gerri: wait a minute. before you go to that i want to mention, we should acknowledge your that there is still a possibility t
thank you. thank you very much. gerri: fiscal stiffed. that is of americans feel after congress failed to reach a deal on taxes and spending. as a result we are going of the fiscal cliff. joining me now, former adviser to president george w. bush and doug shown, democratic strategist and fox news contributor. welcome to you both. >> thank you so much. gerri: am i surprised by what is happening? no. and my interest? no. and so of start with you. how would you grade the president's lead on...
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he's a rich guy. >>> the fiscal cliff affects even him. thank you. >>> financials have been on fire for most of 2012 but low interest rates and pretty tough regulation, those factors are still putting some profit margins under pressure. we take a look at what is in store for wall street in 2013. >> reporter: after a year's long identity crisis, 2013 will see a spate of bank makeovers. barclays will spin off its investment bank, bank of america will review options for merrill lynch. behind these walls, citigroup's ininvestment bank will shrink considerably, focusing on top traders and deal makers. if that deal market returns as well as valuations, citi could sell all of its crisis-tinged bad bank citi holdings. about that london whale at jpmorgan, it forced jamie dimon to clear house, a dozen executives changing roles. expect a lot of face time with media and investors for mike cavanaugh, co-ceo of the investment bank and the not so dark horse to succeed dimon. battles will brew over regulation, the consumer financial protection bureau will
he's a rich guy. >>> the fiscal cliff affects even him. thank you. >>> financials have been on fire for most of 2012 but low interest rates and pretty tough regulation, those factors are still putting some profit margins under pressure. we take a look at what is in store for wall street in 2013. >> reporter: after a year's long identity crisis, 2013 will see a spate of bank makeovers. barclays will spin off its investment bank, bank of america will review options for...
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but the fiscal cliff mess could get in the way. how much could eexpect in 2013 with a deal or without a deal. well, i guess i can double check... my watch! [ male announcer ] it pays to double check, with state farm. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. >>> welcome back to "your money," we welcome our viewers here in the united states and around the world. breaking news on the fiscal cliff. there's been a significant snag in the negotiations with just fewer than two days remaining to go. about 36 hours remaining on the countdown clock. dana bash is on capitol hill with latest. dana, what have you got? >> this kbifs you a good sense of where things stand. they're at a stands
but the fiscal cliff mess could get in the way. how much could eexpect in 2013 with a deal or without a deal. well, i guess i can double check... my watch! [ male announcer ] it pays to double check, with state farm. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0%...
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. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impressional democrats attended a new year's eve style rally saying the fiscal cliff ball is in the republican court. surae chinn is on capitol hill. >> i'm urging congress to take action, stop playing games, and let's move on. >> reporter: frustration has boiled over for bob packer, a small business owner. >> i'm disappointed and angry. if they were my representeddives, i'd certainly vote them out of office. >> on tie mitchell of brokering a deal is waning. >> we do have a chance, an outside chance to get this done. >> we need two words. presidential leadership, on not just taxing rich people. >> reporter: some democratic lawmakers are calling on the house speaker to call house republicans back to work. >> bring the house back now. show up to work. >> reporter: the speaker has ordered republicans back on sunday but democrats want them to return sooner. both sides are blaming each other for the lack of compromise. democrats say house speaker is boehne
. >> thank you, gary. >>> and economists are warning that going over that fiscal cliff could pull us all back into recession. congress impressional democrats attended a new year's eve style rally saying the fiscal cliff ball is in the republican court. surae chinn is on capitol hill. >> i'm urging congress to take action, stop playing games, and let's move on. >> reporter: frustration has boiled over for bob packer, a small business owner. >> i'm disappointed...
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"fiscal cliff." the country will officially go over it tonight. congress will miss a midnight deadline. so what now? will washington prevent significant economic fall-out come wednesday? this is "special report." ♪ ♪ good evening. i'm bret baier. when the giant crystal ball makes the last move in times square tonight, 2013 will officially be here. and so will the deadline. for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the consequences so unattractive for missing that, that both sides would have to come to agreement. at this hour, there is no legislation to vote on yet. there is every indication officially it's over that cliff we go. some things are settled. others are still in flux. that is where it starts to get technical. so let's bring in fox team coverage to straighten it out. chief white house correspondent ed henry looks at messaging and movement from president obama today. first, chief congressional correspondent mike emanuel on what seems to have been settled and how and what is still up in th
"fiscal cliff." the country will officially go over it tonight. congress will miss a midnight deadline. so what now? will washington prevent significant economic fall-out come wednesday? this is "special report." ♪ ♪ good evening. i'm bret baier. when the giant crystal ball makes the last move in times square tonight, 2013 will officially be here. and so will the deadline. for a deal here in washington. politicians self-imposed fiscal cliff. the effort to make the...
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thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends on. one year or two years at the most, but the tax system is made permanent. well, i just think that's grossly unfair. grossly unfair. as i have said before, no deal is better than a bad deal, and this looks like a very bad deal the way this is shaping up. >> so, senator kuhns, is $400,000 on individuals a bad deal as tom harken described, it or is some deal better than no deal at this point? >> well, first, let's just talk about our broader values and the context we're operating in. given the real financial strains on our federal budget, given divided government where the house is controlled by republicans, the s
thank you. >> that's right. >> a deal on the fiscal cliff may be at hand, but there's still a lot to do, and not a lot of time to do it. delaware democratic senator chris kuhns. thank you for taking the time. i want to talk about something first that your colleague tom hashi harken said on the senate floor. let's come back and talk about it. >> it looks like all of the taxes will be made permanent, but all of the other things that the middle class and america really depends...
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thanks for being back. if we go over the fiscal cliff works comes out on top? >> it sounds like the president does, after all, he's the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the political system in the united states is a loser. i really do believe that the polls bear this out, that people are really getting disgusted with all the players in this game, and they want to see it stopped. >> let bring in paul cain, congressional correspondent for the "washington post." you know, to what bob was just saying americans are shaking their heads at all of this, just watching this blame game and wondering where are we going with this. >> you know, melissa, the other night mark begich, freshman senator from alaska when he was walking out friday night, he called it
thanks for being back. if we go over the fiscal cliff works comes out on top? >> it sounds like the president does, after all, he's the won the election. the polls show that the american people for the most part favor some sort of tax increase for the wealthy, but quite frankly the losers are just about everybody. certainly those who are in the position to need unemployment insurance, federal workers, those who are beholden to the government, that type of thing, and i think that also the...
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cliff. president obama is cutting his holiday vacation short, returning to washington tomorrow to continue talks to try to avoid that automatic tax hike and spending cut combination. that's the same day that congress returns to town. before the president left town on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. reports say white house staffers have been quietly working with senate democrats to come up with a plan to avoid the fiscal cliff, but little progress has been made. >>> a chinese ratings agency is putting the u.s. on negative watch citing troubles with long-term debt issues. on a statement on its web site, global credit says each political party insists on the proposition favorable for its own interest. it expects u.s. debt to rise to 105% of gdp this year and warns the country will probably fall into recession in 2013 if there's no resolution to the fiscal cliff. last year, it cut u.s. treasu
cliff. president obama is cutting his holiday vacation short, returning to washington tomorrow to continue talks to try to avoid that automatic tax hike and spending cut combination. that's the same day that congress returns to town. before the president left town on friday, he suggested a stopgap measure to freeze tax rates for people making less than $250,000 a year and extend unemployment benefits. reports say white house staffers have been quietly working with senate democrats to come up...
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thank you. >> thank you. >>> much more ahead as the nation inches forwards the everyone of the fiscal cliff. and at the top of the hour, david gregory's interview made news from "meet the press." that's coming up, too. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. if we took the already great sentra apart and completely reimagined it with best-in-class combined mpg, and more interior room than corolla and civic? and a technology suite with bluetooth, navigation and other handy stuff? yeah, that would be cool. introducing the all-new nissan sentra. it's our most innovative sentra ever. nissan. innovation that excites. now g
thank you. >> thank you. >>> much more ahead as the nation inches forwards the everyone of the fiscal cliff. and at the top of the hour, david gregory's interview made news from "meet the press." that's coming up, too. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest...
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up next, just over 24-hours from now if we goefr the fiscal cliff, who should we blame? okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the mileage card with speci perks on united. get it and you're in. i wish i could keep it this way. [ male announcer ] now you can. with the crest pro-health clinical line. used together, they help keep your teeth 97% as clean as a dental cleaning. the toothpaste actually reduces plaque. and the rinse reaches all areas and is clinically proven to help prevent plaque regrowth. crest pro-health clinical line. together, they help keep your teeth 97% as clean as a dental cleaning. crest. life opens up when you do. ♪ >> this country is about to take a plunge over the fiscal cliff. who is real
up next, just over 24-hours from now if we goefr the fiscal cliff, who should we blame? okay, here's the plan. you have a plan? first we're gonna check our bags for free, thanks to our explorer card. then, the united club. my motr was so wrong about you. next, we get priory boarding on our flight i booked with miles. all because of the card. and me. okay, what's the plan? plan? mm-hmm. we're on vacation. there is no plan. really? [ male announcer ] the united mileageplus explorer card. the...
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Dec 24, 2012
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people continue to worry about the fiscal cliff. back to you. dennis: thank you. dagen: mitt romney did not want to run for president. at least, that is what his son is saying. he said he had no desire to run for office. it was his wife along with his sons to push him. dennis: let's bring in doug shoen. >> i don't think it could be farther from the truth. the physical and emotional stress of the process. they do not go through that if they do not want to be president. dagen: maybe what was wrong, what people sensed about mitt romney when he was on the campaign trail, that there was a lack of passion there. >> there was no unwillingness to take whatever position he thought would suit his purposes in the campaign and, you never heard rodney say this is what i really need, you know, needs to be done for america. i do not think there is anyone in america who wanted to be elected more than mitt romney, other than, president obama. dennis: he was too much of a nice guy. he should have been beating the daylights out of the bad record of the president. he never really got
people continue to worry about the fiscal cliff. back to you. dennis: thank you. dagen: mitt romney did not want to run for president. at least, that is what his son is saying. he said he had no desire to run for office. it was his wife along with his sons to push him. dennis: let's bring in doug shoen. >> i don't think it could be farther from the truth. the physical and emotional stress of the process. they do not go through that if they do not want to be president. dagen: maybe what...
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thank you. ♪ >>> ahead on "starting point," the latest on the fiscal cliff negotiations. we'll ask one house member if he expects to be voting on a deal today. next, utah congressman jason chaffetz. and is the kardashian clan about to get bigger? the new year's news you had to have. kim and kanye west, they respond to the pregnancy rumors. >>> breaking news, everyone. you're watching "starting point." so i switched my car insurance to state farm... saved $480 bucks. you know what that is? yeah. don't say it. so you know what it is, right? yeah, yeah, don't. that's a lot of dough! ♪ [ male announcer ] switch and you could save $480 bucks with state farm. when i'm out with my kids, my daughter's like, "mom, wait up!" and i'm thinking, "shouldn't you have more energy than me? you're, like, eight!" [ male announcer ] for every 2 pounds you lose through diet and exercise alli can help you lose one more by blocking some of the fat you eat. simple. effective. advantage: mom. let's fight fat with alli. learn more, lose more at letsfightfat.com. >>> millions of americans countin
thank you. ♪ >>> ahead on "starting point," the latest on the fiscal cliff negotiations. we'll ask one house member if he expects to be voting on a deal today. next, utah congressman jason chaffetz. and is the kardashian clan about to get bigger? the new year's news you had to have. kim and kanye west, they respond to the pregnancy rumors. >>> breaking news, everyone. you're watching "starting point." so i switched my car insurance to state farm... saved...
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we will continue to update you here on fox news channel on the fiscal cliff as you look live on capitol hill and we will do it fair, balanced, and captioned by closed captioning services, inc. >>> happy new year's eve. the countdown is on!n this is "the five"! 2012 is coming to a close and we are fired up and ready to gr for 2013. it has been quite a year, guys. we had to go through the five biggest stories of the year anf the worst stories in a minute. e table quickly. new year's eve. kimberly, love it or hate it? >> kimberly: i love new year's eve. it usually work new year's eve. but you get off in midnight just in time for celebratory inebry yens. >> eric: how you? >> juan: i'm not crazy about it. i bet somebody else is having a better time. >> eric: that is sad. >> juan: going at it. >> kimberly: glass half ful full. >> juan: but i think i make you in puerto rico around new year's eve. it ran in geraldo at the restaurant and i thought it was fox in puerto rico. >> eric: we met in a hot tub. [ laughter ] i think that is juan williams. >> andrea: is that where the story ends? >> eric:
we will continue to update you here on fox news channel on the fiscal cliff as you look live on capitol hill and we will do it fair, balanced, and captioned by closed captioning services, inc. >>> happy new year's eve. the countdown is on!n this is "the five"! 2012 is coming to a close and we are fired up and ready to gr for 2013. it has been quite a year, guys. we had to go through the five biggest stories of the year anf the worst stories in a minute. e table quickly. new...
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we'll be back in a moment with continuing coverage with the apparent deal to avoid the fiscal cliff. you're watching msnbc, the mace for politics. >>> welcome back to coverage of the breaking news on capitol hill where white house and lawmakers in the senate have come up with a brplan to deal wh the fiscal cliff. senate democrats out of a immediating with joe biden indicate there is a strong democratic support for the plan. it is not clear if we will see a vote in the senate tonight. the house remain as juniored until noon tomorrow. no matter what, the nation will go off the cliff in a few minutes, at mid might eastern, at least temporarily. nancy pelosi released a statement, just a short time ago, saying in part "when a final agreement is reached and passed by the senate, i will present it to the house democratic caucus." for republican reaction, let's bring in political analyst and former chair of the rnc, michael steele, happy almost new year. >> happy almost new year, milissa. did you ever think this is what we would be doing tonight? >> i did not. but in all fairness, we could h
we'll be back in a moment with continuing coverage with the apparent deal to avoid the fiscal cliff. you're watching msnbc, the mace for politics. >>> welcome back to coverage of the breaking news on capitol hill where white house and lawmakers in the senate have come up with a brplan to deal wh the fiscal cliff. senate democrats out of a immediating with joe biden indicate there is a strong democratic support for the plan. it is not clear if we will see a vote in the senate tonight....
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these fiscal cliff negotiations. which side will likely face the bulk of the blame if there is no deal. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you need is a magic carriage. citi price rewind. start saving at citi.com/pricerewind. citi price rewind. with a new project in mind, some how-to knowledge to give us an new years clutter is no match for someone with big ideas. edge, and more savings down every aisle. it only takes a few twists and turns for those bright ideas to make the new year even brighter. more saving. more doing. that's the power of the home depot. start fresh and save with hdx 20 gallon totes, a special buy at just $5.
these fiscal cliff negotiations. which side will likely face the bulk of the blame if there is no deal. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly...
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coming up what does the fiscal cliff mean and how does it effect you your family and your wallet? later if we go over the fiscal cliff, would a response to an attack like benghazi be even worse? stay with us. >> what president obama says about raising taxes. >> i am just listening to the consensus among people who know the economy best. and what they will say is that if you either increase taxes or significantly lower spending when the economies remain some what fragile it would have a de simulated effect and potentially you see a lot of folks losing business, more folks potentially losing jobs that would be a mistake when the economy has not fully taken off. >>> with me is wall street journal senior economics writer receive moore. has the president changed his mind? >> i love that quote that you have shown. i think it was almost exactly two years ago when the president said that. he said the economy was too fragile for a tax increase. the economy is more fragile now than it was two years ago. if the president were to make an announcement tonight and be a real statesman we are at
coming up what does the fiscal cliff mean and how does it effect you your family and your wallet? later if we go over the fiscal cliff, would a response to an attack like benghazi be even worse? stay with us. >> what president obama says about raising taxes. >> i am just listening to the consensus among people who know the economy best. and what they will say is that if you either increase taxes or significantly lower spending when the economies remain some what fragile it would...
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we will talk to two of them about the fiscal cliff ahead. ra, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. i get congested. but now, with zyrtec-d®, i have the proven allergy relief of zyrtec®, plus a powerful decongestant. zyrtec-d® lets me breath freer, so i can love the air. [ male announcer ] zyrtec-d®. behind the pharmacy counter. no prescription needed. it's lots of things. all waking up. connecting to the global
we will talk to two of them about the fiscal cliff ahead. ra, try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [...
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noticed, we are following the fiscal cliff down to the wire. no early partying for us. i will be hosting a party with kelly evans. a big night with a lot of developments. please tune in. >> next, fiscal cliff will have a major effect on america's manufacturers. we will talk to two ceos, nation's backbone is bracing for this impact. >> later on, there were big stock winners this year. but should you buy those studs or take a flyer and go with the duds? we will debate it coming up. i wasn't pointing alt at you. [ male announcer ] at scottrade, you won't just find us online, you'll also find us in person, with dedicated support teams at over 500 branches nationwide. so when you call or visit, you can ask for a name you know. because personal service starts with a real person. [ rodger ] at scottrade, seven dollar trades are just the start. our support teams are nearby, ready to help. it's no wonder so many investors are saying... [ all ] i'm with scottrade. >>> now we do go over the cliff and let's hope we get a deal for the last minute that we wi
noticed, we are following the fiscal cliff down to the wire. no early partying for us. i will be hosting a party with kelly evans. a big night with a lot of developments. please tune in. >> next, fiscal cliff will have a major effect on america's manufacturers. we will talk to two ceos, nation's backbone is bracing for this impact. >> later on, there were big stock winners this year. but should you buy those studs or take a flyer and go with the duds? we will debate it coming up. i...
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that there are negotiations going on to avert at least part of the fiscal cliff. and i want to say, and i've said this privately but i'll say it publicly, that i really hope our leaders can find a way out of this. i watched the president speak today and i thought as usual, he is very fair in what he said, mr. president. what he basically said is, it's the middle class that grows this economy, it's the middle class that needs to be lifted up, it's the middle class that can't afford tax hikes, and those at the very top can do just a little bit more. ates very simple point. and i just would hope, given that everyone says they're for the middle class -- i know my colleagues on the other side of the aisle say that every day, that they agree with that. that finding this compromise will not be elusive but will come to pass. you know, i have been here for a while, and my understanding is we haven't met between christmas and new year's since 1962. so it does take a crisis, of major proportion, to make that happen. and i think we are in a crisis right now. but it's a self-m
that there are negotiations going on to avert at least part of the fiscal cliff. and i want to say, and i've said this privately but i'll say it publicly, that i really hope our leaders can find a way out of this. i watched the president speak today and i thought as usual, he is very fair in what he said, mr. president. what he basically said is, it's the middle class that grows this economy, it's the middle class that needs to be lifted up, it's the middle class that can't afford tax hikes,...
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the fiscal cliff deal passed by the senate? will hard line conservatives make it sxwobl in back now is reid wilson and ryan grim. thank you for coming back. >> hey. >> thanks for having us. >> do you think this bill will pass the houshgs and if not will democrats preferred to make further concessions? >> i think it will pass the house eventually. this is one of those moments, though, when i think speed is probably on the side of -- or, rather, it would benefit those who want to pass this bill. the faster you're able to get something to the floor and get it through a vote, the more likely you are to attract these conservatives and liberals, by the way, who might otherwise find a reason to vote against it. if the longer they take their time to sort of talk it through and go through the bill's details moment by moment, the more you'll get pressure from the outside and pressure from groups like everybody from the progressive campaign committee on the left to the heritage action and for growth on the right. the outside influences wi
the fiscal cliff deal passed by the senate? will hard line conservatives make it sxwobl in back now is reid wilson and ryan grim. thank you for coming back. >> hey. >> thanks for having us. >> do you think this bill will pass the houshgs and if not will democrats preferred to make further concessions? >> i think it will pass the house eventually. this is one of those moments, though, when i think speed is probably on the side of -- or, rather, it would benefit those who...
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"fiscal cliff" deadline. house republicans opted not to hold any votes on the issue tonight. so-- officially, at least-- more than $600 million in tax hikes and spending cuts begin taking effect tomorrow. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate majority leader harry reid. after a long weekend dush -- weekend of tense negotiations vice president joe biden had spent sunday dealing directly with the senate's republican minority leader mitch mcconnell. and those contacts continued today. by early this afternoon amid reports of progress, president obama emerged in a campaign style setting. >> today it appears that an agreement to prevent this new year's tax hike is within sight. but it's to the done. there are still issues left to resolve. but we're hopeful that congress can get it done. but i
"fiscal cliff" deadline. house republicans opted not to hold any votes on the issue tonight. so-- officially, at least-- more than $600 million in tax hikes and spending cuts begin taking effect tomorrow. in the meantime, senate republicans and the white house continue working on a possible deal. . >> are running out of time. americans are still threatened with a tax hike in just a few hours. >> new year's eve morning at the capitol began with a warning from senate...
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bret >> bret: thank you. the fiscal cliff not the only thing that congress is dealing with. fox news learned the house plans to split the superstorm sandy aide bill to two parts. giving the lawmakers opposed to a large bill the ability to vote against it and vote on the other part so they don't appear unwilling to help storm victims. the base would provide immediate funding to those affected by the october storm that devastated new york and new jersey coastlines. meanwhile, republicans are still meeting up on capitol hill. we have a live camera outside of that meeting. they are, the camera just shooting in and out there. they are meeting and those are the microphones they may come and talk to reporters after they finish that conference meeting. we are just getting word of something that perhaps is happening behind those doors. senior g.o.p. leadership aide is telling fox that the speaker presented his members two options. the first would be to make an amendment to the senate bill that would add a package of spending cuts. the whip, majority whip would do a whip check, vote c
bret >> bret: thank you. the fiscal cliff not the only thing that congress is dealing with. fox news learned the house plans to split the superstorm sandy aide bill to two parts. giving the lawmakers opposed to a large bill the ability to vote against it and vote on the other part so they don't appear unwilling to help storm victims. the base would provide immediate funding to those affected by the october storm that devastated new york and new jersey coastlines. meanwhile, republicans...
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gerri: how would you describe today's closed-door fiscal cliff meeting between the president and congressional leaders? do you believe it was a political stunt or real negotiation? la mancha gerriwillis.com, vote on the right-hand side of the screen, i will share the results of the end of the show. stilahead tonight, it's not just the fisca cliff mess that congress has leftundone. there is a whole lot of other work that our lawmers should have done this year but did not. i will tell you all about it. and we will be right back when some people struggle with their mortgage payments, they become frozen, petrified. not knowing what to do, they do nothing, but the people who do something, the people who take action, are far more likely to get the most positive outcome. making home affordable is a free government program. call now to talk one on one with a housing expert about the options that are right for you. real help, real answers right now. gerri: president obama calling on congress to act to avoid the fiscal cliff. the president said he is optimistic. modestly optimistic, that is, that a deal
gerri: how would you describe today's closed-door fiscal cliff meeting between the president and congressional leaders? do you believe it was a political stunt or real negotiation? la mancha gerriwillis.com, vote on the right-hand side of the screen, i will share the results of the end of the show. stilahead tonight, it's not just the fisca cliff mess that congress has leftundone. there is a whole lot of other work that our lawmers should have done this year but did not. i will tell you all...
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linda, thank you. >> we're all concerned about the fiscal cliff. our minds are preoccupied. first question what will the average taxpayer see if, in fact, we go over the fiscal cliff? >> everybody starting in january who makes under $110,000 will lose immediately 2% of this auto paycheck. >> that's a lot. so aperson making $75,000, family of four, how much of a difference will that make do you think in their typical paycheck? >> it could be somewhere between $40 and 60, depending on their benefits that they get. but for a normal family it could be maybe $2,000 a year or more just because they're going to lose the deduction for children. >> is there anything people can do at this point in anticipation of the fiscal cliff to shelter themselves from a hit like that? >> oh my goodness, if we just knew what was going to happen, there are a couple of things maybe. i mean, you might want to shift some income to this year, but you don't have much time to do it, unless you sold some stocks at a gain. >> what are some of the other concerns of your clients? i know you're hearing a it l
linda, thank you. >> we're all concerned about the fiscal cliff. our minds are preoccupied. first question what will the average taxpayer see if, in fact, we go over the fiscal cliff? >> everybody starting in january who makes under $110,000 will lose immediately 2% of this auto paycheck. >> that's a lot. so aperson making $75,000, family of four, how much of a difference will that make do you think in their typical paycheck? >> it could be somewhere between $40 and 60,...
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president obama earlier on today saying it does appear a deal on the fiscal cliff is nearing. it is within sight. obviously a bit of work still to be done here. even mitch mcconnell says we are very, very close. so the markets have moved up on that hope we will get a done deal and avert the fiscal cliff. >>> positioning portfolios for the new year, i can majs is tricky right now. there's a lot of mess going on in d.c. we're going to help. we're going to give you the single best play for 2013. >>> and also next, two congressman, one democrat one republican. they're going to talk to us about the fiscal cliff. are they happy or sad? and can they rise above to get a deal done? "closing bell" will be back after this break. tdd#: 1-800-345-2550 when i'm trading, i'm totally focused. tdd#: 1-800-345-2550 tdd#: 1-800-345-2550 and the streetsmart edge trading platform from charles schwab... tdd#: 1-800-345-2550 gives me tools that help me find opportunities more easily. tdd#: 1-800-345-2550 i can even access it from the cloud and trade on any computer. tdd#: 1-800-345-2550 and with sch
president obama earlier on today saying it does appear a deal on the fiscal cliff is nearing. it is within sight. obviously a bit of work still to be done here. even mitch mcconnell says we are very, very close. so the markets have moved up on that hope we will get a done deal and avert the fiscal cliff. >>> positioning portfolios for the new year, i can majs is tricky right now. there's a lot of mess going on in d.c. we're going to help. we're going to give you the single best play...
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Dec 30, 2012
12/12
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the fiscal cliff isn't the only pressing legislation that's on congress's plate. there's also something called the farm bill. republicans opposed a measure passed by senate in june. saying it cost too much. if congress doesn't act, dairy farmers among others would no longer have a government safety net for prices and the cost of a gallon of milk could soar. here's agriculture secretary tom vilsack had to say on the state of the union. >> if you like anything made with milk you're going to be impacted by the fact that there's no farm bill. if if there is not an extension of the existing bill or a new bill basically on january 1st or shortly thereafter, permanent agricultural law goes into effect, which means the federal government will go back into the business of strongly supporting the dairy industry by raising the price support if you will or support for dairy products to $38 a double weight, almost twice what the price is today. >> vilsack says that the agricultural exports and farming families will also be affected if a farm bill is not passed. to the senate f
the fiscal cliff isn't the only pressing legislation that's on congress's plate. there's also something called the farm bill. republicans opposed a measure passed by senate in june. saying it cost too much. if congress doesn't act, dairy farmers among others would no longer have a government safety net for prices and the cost of a gallon of milk could soar. here's agriculture secretary tom vilsack had to say on the state of the union. >> if you like anything made with milk you're going to...
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Dec 28, 2012
12/12
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on her way to the fiscal cliff. thank you very much. heather: russian president vladimir putin accused of playing politics with the lives of orphans. signing a bill banning americans from adopting russian children. bad news has left dozens of american families heartbroken. amy kellogg is live in london with details. reporter: heather, one russian activist says that every member of the russian parliament voted for this measure should be obliged to adopt a russian child of his or her own. there are 700,000 russian children who need a home. only 18,000 russian families who signed up to adopt. this new law was named after a russian baby that died in the custody of his american adoptive parents. he was neglected. but it is really believe that the reason for this law was another law that was just passed in washington, so it is a response to the american law punishes human rights violators in russia. it was sparked by the death of a russian lawyer who died died in jail investigating a fraud case at the request of americans in russia. it single
on her way to the fiscal cliff. thank you very much. heather: russian president vladimir putin accused of playing politics with the lives of orphans. signing a bill banning americans from adopting russian children. bad news has left dozens of american families heartbroken. amy kellogg is live in london with details. reporter: heather, one russian activist says that every member of the russian parliament voted for this measure should be obliged to adopt a russian child of his or her own. there...
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Dec 29, 2012
12/12
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the fiscal cliff battle continues right up to the very end. when we come back, former governor bill richardson will attempt to explain where president obama's leadership has been on the fiscal cliff showdown. a hannity one on one shootout and then senator dianne feinstein is introducing a new assault weapons ban and believe it or not she s actually now talking about gun owners being registered and fingerprinted. we will get to that and much >> sean: as president obama continues to place the blame on congressional leaders for the looming fiscal cliff disaster. the president seems to be he okay with this happening. why? because if obama stood up and showed real leadership there be consequences for him. this could impact the radical agenda he plans to put forth in a second term. senator john kerry awaits his confirmation hearings to begin and republicans are saying not so fast and demanding current secretary of state hillary clinton testify on benghazi before any confirmation hearings begin. joining me with reaction to all this and much more is f
the fiscal cliff battle continues right up to the very end. when we come back, former governor bill richardson will attempt to explain where president obama's leadership has been on the fiscal cliff showdown. a hannity one on one shootout and then senator dianne feinstein is introducing a new assault weapons ban and believe it or not she s actually now talking about gun owners being registered and fingerprinted. we will get to that and much >> sean: as president obama continues to place...
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Dec 27, 2012
12/12
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CNBC
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the markets may be hanging off the fiscal cliff, causing investors to take cover until caller waters prepail. we want to know which stock you are betting on for high risk high reward in 2013. let's be clear, this is money that you're willing to lose. this is a lottery ticket play. this is, if you have to take a flyer on any stock in 2013, what would it be and we asked our traders, so, doc jay? >> scientific games. sgms. if mobile gaming, if you start walking around with one of these and you can play all manner of gaming, video poker, slot machine, all that sort of thing, these guys make that kind of technology work. that's why i like sgms. it was north of $40 five years ago. it's cheaper than going to see "les mis" though anthony's daughter is in it. >> correct. i've seen it three times. >> gets better each time, right? >> better each time and i caught the seconds she's in it. go amelia. >> steve weiss, similar rationale. you picked a stock that is in the -- >> toilet. >> yes. thank you for saying that. >> nihd. and here's the story with it. it's cheap. only four times enterprise val
the markets may be hanging off the fiscal cliff, causing investors to take cover until caller waters prepail. we want to know which stock you are betting on for high risk high reward in 2013. let's be clear, this is money that you're willing to lose. this is a lottery ticket play. this is, if you have to take a flyer on any stock in 2013, what would it be and we asked our traders, so, doc jay? >> scientific games. sgms. if mobile gaming, if you start walking around with one of these and...
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Dec 28, 2012
12/12
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that is does 30 as we get mighty close to the fiscal cliff. harris? >> harris: mike emanuel thank you very much. more coming up on the get-together tomorrow at the white house whether it will be or not to try to work out a solution. that is coming up at the bottom of the hour. >>> the stubborn winter storm sticking around across much of the nation's eastern half. the same weather system that slammed the south and dumped know snow on the midwest bringing misery to the northeast and new england. causing new trouble for post holiday travelers. an american airlines plane ended up stranded on a snow. >> tarmac in pittsburgh. just outside new york city a southwest jet got stuck in the mud after skidding off the runway. in some of the hardest hit area the roads are even worse. >> i lost count of number of cars in the ditch. a jackknifed tractor trailer and a horse trailer turned over. >> i have seen ten cars in an accident. i saw a lexus fly into the ditch. >> i wish people would slow down a little bit, you know. it is pretty slick. >> harris: the storm will
that is does 30 as we get mighty close to the fiscal cliff. harris? >> harris: mike emanuel thank you very much. more coming up on the get-together tomorrow at the white house whether it will be or not to try to work out a solution. that is coming up at the bottom of the hour. >>> the stubborn winter storm sticking around across much of the nation's eastern half. the same weather system that slammed the south and dumped know snow on the midwest bringing misery to the northeast...
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Jan 1, 2013
01/13
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there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after 2:00 eastern this morning the senate overwhelmingly passed the plan that was crafted by the vice president and the senate minority leader. the vote, very big, 89-8. the republican-controlled house left well before midnight last night, so they will have to take up the measure later this morning. here's how the two senate leaders summed up their night. >> i'm disappointed that we weren't able to make the grand bargain as we tried to do for so long. but we tried. >> so it took an imperfect solution to prevent our constituents from a very real financial pain. but in my view, it was worth the effort. >> so here's what the senate plan means for you. bush-era tax cuts extended for people earning less than $400,000 a year. and couples earning less
there's no better way to be over the fiscal cliff than sitting here with you guys. so thank you this morning. so, after kicking off the new year by falling off the fiscal cliff, or at least going over it, the senate has now acted and now it's up to the house to deliver all of us a soft landing this morning. if they can. just after 2:00 eastern this morning the senate overwhelmingly passed the plan that was crafted by the vice president and the senate minority leader. the vote, very big, 89-8....
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Jan 1, 2013
01/13
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>> thank you, kelly o'donnell, we'll be back with more on the fiscal cliff negotiations, when we return. you're watching msnbc, the place for politics. [ sniffs ] [ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. >>> welcome back to msnbc's breaking news coverage of the fiscal cliff deal that is being struck on capitol hill. i am being joined now on the phone by krystal ball, co-host of msnbc's "the cycle." thank you for taking time out of your new year's eve, this is big news. how do you think progressives will react to it? >> you know, i think it will be a mixed bag, and happy new year's to you. just how we want to spend it. i think it is going to be a mixed bag, you know, speaking for myself i actually think this is an okay deal. of course there is disappointment about elevating the tax rate from 250, to 400, singles, couples, i think that is disappointing to a lot of liberals and progressives. but there is also an ext
>> thank you, kelly o'donnell, we'll be back with more on the fiscal cliff negotiations, when we return. you're watching msnbc, the place for politics. [ sniffs ] [ sneezes ] [ sniffles ] [ female announcer ] for everything your face has to face. face it with puffs facial tissues. puffs has air-fluffed pillows for 40% more cushiony thickness. face every day with puffs softness. >>> welcome back to msnbc's breaking news coverage of the fiscal cliff deal that is being struck on...
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Dec 27, 2012
12/12
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saying you can't do this with the fiscal cliff. what a two months that will be. thanks so much for joining us. we appreciate it. joining me here in the studio with our first reads of the day, senior political editor mark murray. welcome. back and forth from the harry reid. we have congressional ping pong going on. you said it is time for house republicans to put middle class families first bypassing the senate's bill to protect 98% of americans on january 1st. the senate bill could pass tomorrow if the house republicans would lead it come to the floor. the house had two bills that collectively can avert the entire fiscal cliff if enacted. those bills await action by the senate. >> the classic ping pong gridlock and no way out. >> it's important to know how far we have come in the last seven days. a week ago we were closer than we had seen before on a particular deal. john boehner made a big concession allowing tax cuts to rise on income over a million dollars. president obama countered with a big concession and saying that that should be $400,000 and have fixes t
saying you can't do this with the fiscal cliff. what a two months that will be. thanks so much for joining us. we appreciate it. joining me here in the studio with our first reads of the day, senior political editor mark murray. welcome. back and forth from the harry reid. we have congressional ping pong going on. you said it is time for house republicans to put middle class families first bypassing the senate's bill to protect 98% of americans on january 1st. the senate bill could pass...